Sub Station II vs the streat Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sub Station II vs the streat including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Sub Station II Franchise
the streat Franchise
Investment $188,500 - $357,000$160,000 - $260,000
Franchise Fee $20,000$50,000
Royalty Fee 4%6%
Advertising Fee -2%
Year Founded 19751999
Year Franchised 19761999
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Sub Station II Franchise
the streat Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Sub Station II Franchise
    the streat Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Sub Station II Franchise
    the streat Franchise
    Training -It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8

    Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Sub Station II Franchise
    the streat Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Sub Station II

    Quality Food. Great Prices. Since 1975, Sub Station II has been striving to serve our customers a fresh, delicious, and healthy product. We were founded on the simple belief of making fresh food fast, and customized to fit your tastes. Each one of our sandwiches is sliced to order and piled high right before your eyes, with our produce prepared fresh daily. Today, Sub Station II has more than 40 locations spread throughout 5 states in the Southeast. With Sub Station II’s recipe for success and reinvigorated corporate team, it’s beginning to move in a direction that will undoubtedly make it one of the major sub sandwich chains in the future. With today’s fast paced lifestyles, more and more people are eating out than ever before. While the number of restaurants and choices have increased over the years, not all of them have the same relentless drive for quality as Sub Station II. We're here to make sure that you and your family have a quality dining experience at all of our locations, all of the time.

    About the streat

    In 1999 husband and wife team Michael and Nikki McQuillan opened their first streat cafe in Belfast. Their vision was to develop the streat as the best known and most successful cafe concept to come out of Ireland by delivering consistently great food and coffee with award winning service in contemporary surroundings Since developing their successful formula into a franchise and investing heavily in the business while developing a substantial management team, the streat has rapidly become Ireland's fastest growing Cafe franchise. It is renowned for its fresh food, fabulous coffee and friendly service. More than a cafe... Franchisees are developing successful businesses within their streat cafes and growing their businesses beyond the cafe door by creating substantial outside catering and food delivery elements. Franchisees are supported and guided by the franchise support team in this, more than a cafe approach to business development. With 30 Cafe Outlets currently established and more opening, throughout Ireland, the streat is now launching its innovative "more than a cafe" business model into Great Britain and beyond.

    Tragically we are not seeking any new franchisees right now however please don't hesitate to round out our establishment enquiry form and we will be glad to contact you amid our next enrollment drive. Meanwhile enjoy the tastes of our present franchises and perhaps ask if any of them are looking to sell. While asking, also ask their thoughts on the franchise to give yourself an insight on whether The Streat is a good choice for your future.